How to Save Income TAX ?

How much you can Save Gov. Income TAX ?

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Income Tax Section	Gross Annual Salary	How Much Tax Can You Save?	HDFC Standard Life Plans
Sec. 80C	Across all income slabs	Upto Rs. 30,900/- saved on investment of Rs. 1,00,000/-	All our Life Insurance Plans
Sec. 80CCC	Across all income slabs	Upto Rs. 30,900/- saved on Investment of Rs.1,00,000/-	All our Pension Plans
Sec. 80 D*	Across all income slabs	Upto Rs. 9,270/- saved on investment of Rs. 30,000/- (Inclusive of Rs.15,000/- towards health insurance of parents)	All our Health Insurance Plans All the health insurance riders available with our Conventional Plans
Sec. 80 D*	Across all income slabs	Upto Rs. 10,815/- saved on investment of Rs.35,000/- (Inclusive of Rs. 20,000/- towards health insurance of parents who are senior citizens)
Total Savings Possible **	Rs. 41,715/- Rs. 30,900/- under Sec. 80C and Sec. 80CCC Rs. 9,270/- or Rs. 10,815/- under Sec. 80D Above figures calculated for a male with gross annual income exceeding Rs. 5,00,000/-
Sec. 10 (10)D	Under Sec. 10(10D), the benefits received by you are completely tax-free
Applicable to premiums paid for all Health Insurance Plans, Critical Illness Benefit, Accelerated Sum Assured and Waiver of Premium Benefit. ** These calculations are illustrative and based on our understanding of current tax legislations. The above-mentioned tax benefits are subject to changes in the tax laws. Please contact your tax consultant for an exact calculation of your tax liabilities.